6800 Manchaca RD # 32, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $465,175. Based on how the local market is moving, a list price between $374,000 and $384,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in SOMA's current inventory. The smaller floor plan (129 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.16) contributes to the valuation. The active market in SOMA includes 7 comparable homes priced from $384,900 to $800,000. The 6 month price trend in 78745: risen 2.9%. The best comp here is 2229 Independence DR # A63, Austin TX 78745 at an adjusted value of $562,119, with a larger floor plan. With 7 comparable sales in SOMA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group